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I have had a lot of accountants, some good, some bad, but none of them will do anything but paperwork.
I'm ready for an aggressive accountant.
Where are the accountants that are going to tell me how to write off...
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Hi,When calculating NOI, why do you include electricity and gas? Don't the tenants pay that in a multifamily?Confused.Lesley
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Hello! We have a great prospective property we're looking at. The broker OM says they're selling it at a 7.5% cap rate and $5.7m purchase price. Based on our experience, We are pretty sure their expenses are understat...
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Greetings. I see this question a lot and reading the discussions I am still unclear on what the best decision should be investment wise.Here is the breakdown of the rentalPurchased 3 years ago FHA for 164KInterest rat...
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Hello all,For the new year I wanted to organize my finances and maximize profits. I am currently reading Tax Free Wealth by Tom Wheelwright. Here is the situation: I own 2 properties in my personal name, but collect r...
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Evening BP’ers,
I’m currently trying to put a fair offer together on a MHP outside Huntsville and hoping those that are in this space can help validate my numbers. Any feedback is much appreciated because I keep losi...
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I’m relatively new to the real estate investing world and continue to focus a lot of energy on education. I am currently focused on tax strategies for our LLC (partnership with spouse).Can we sign a lease agreement w...
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Hello,
I'm new to this community, and I have a question regarding the analysis of a condominium property. I'm unsure whether repairs and capital expenditures (CapEx) should be included in the list of expenses or if t...
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The tenants called me and said the laundry room drain was backing up. We called a plumber/drain cleaner company because we like to get on these things immediately, and I will not be available for a while. The plumbe...